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Ledyard National Bank boosts Shell plc stake as analysts keep "Buy" rating despite missed earnings.
Ledyard National Bank increased its stake in Shell plc by 9.1%, while other institutional investors have also adjusted their holdings.
Despite Shell missing earnings estimates, analysts maintain a "Buy" rating with a $79.11 target price.
The company recently raised its quarterly dividend to $0.716 per share.
Shell operates globally in energy and petrochemicals.
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Ledyard National Bank aumenta su participación en Shell plc mientras los analistas mantienen la calificación de "Comprar" a pesar de la pérdida de ganancias.